Home Prices Finally on the Rise in Arizona, Florida, and Nevada?Apr 18th, 2012
Driven by near record low mortgage rates and lower prices, home values are finally rising in the hardest hit cities in the U.S. housing mess, according to a new Housing Predictor report.
The hike in home prices is being demonstrated in three states where the markets were devastated by the real estate collapse, Nevada, Arizona and Florida.
A slowdown of bank listed... read_more Canadians Snapping Up Florida Real EstateApr 18th, 2012
Cash buyers continue to dominate the Miami international real estate market, snapping up 65% of home sales in and around the city, according to the latest numbers from the Miami Association of Realtors. Cash purchases took up 66% of sales in January, with the majority of buyers going for condominium sales in March (79%).
"Almost 90 percent of overseas buyers purchased... read_more Southern Florida Home Prices Start to Rise as Inventory DropsApr 2nd, 2012
Home prices in Miami-Dade and Broward counties jumped for the third consecutive month in February despite flat or declining sales volume, as the inventory of listings dwindles, real estate figures released Wednesday show.
Realtors say that heightened demand for bank-owned properties and an improvement in the processing of short sales has resulted in rapid absorption of listings and has contributed to... read_more Ten US States With the Highest Rates of ForeclosureMar 15th, 2012
Distressed sales accounted for nearly a quarter of all U.S. home sales in the last three months of 2011, with an increasing share made up of short sales, according to a report from foreclosure data firm RealtyTrac released today.
Sales of homes in some stage of foreclosure or bank-owned made up 23.7 percent of sales overall last quarter, down from 26.4... read_more Florida Home Prices Increased in JanuaryDec 31st, 1969
Home prices statewide rose 5 percent in January, the Florida Realtors said Wednesday. The median price for existing homes across Florida last month was $129,000, compared with $122,500 a year ago.
Although sales declined statewide, pending deals have increased in every month since May and the number of homes for sale statewide has fallen by 34 percent from a year earlier,... read_more
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